News About: Goverment
NHI drug prices for 404 products slashed by 0.83% on average.
Taking effect from Sept. 1, the NHI drug prices for 404 products would be reduced by 0.83% on average after reviewing their actual transaction prices for two months from Feb. 20 to April 13 by the HIRA.
The MOHW a...
US accepts Korea's drug pricing policy conditionally
The United States have conditionally accepted the Korean government's proposal in terms of medicine pricing, said a civic group in a statement on August 14.
People's Solidarity for Participatory Democracy said that...
Number of Korean physician per population lowest among OECD nations.
Number of physicians and nurse per 1,000 populations in Korea showed 1.6 and 1.8, which was the lowest among 25 OECD nations except Mexico according to "2006 OECD Health Data" reported by the National Health Insurance...
US accepts Korea's pharmaceutical pricing
The Ministry of Health and Welfare (MOHW) said on August 11 that the United States has accepted Korea's new drug-pricing measure aimed at offering quality medicines at cheaper prices.
"The U.S. agreed to restarting...
Global GMP system planned
The new global Good Manufacturing Practice (GMP) system, which incorporates the standards of advanced countries including World Health Organization, will be implemented from next year based on phase-by-phase through t...
Court accepted drug industries's appeals on bio equivalency problems.
12 drug companies including Dong-A earlier raised a lawsuit to the court against the KFDA, claiming that the KFDA's registration cancellation on charge of the alleged bio-equivalency test fraud be unfair, and the cour...
Per capita medication costs showing 50% increase for five years
Per capita drug costs have increased by about 50 percent between 2001 and 2005 due to the increasing number of prescriptions in favor of high-priced drugs and extended treatment days, according to a report relea...
Prices review for 903 expensive and most frequently prescribing drugs.
The Health Insurance Review Agency (HIRA) announced that the total 908 most frequently prescribing and expensive drugs were planned to review its prices during the 3rd quarter this year so that more cheaper drugs corr...
Lawmaker opposes government plan to disband KFDAThe government will have to withdraw its plan to disband the Korea Food and Administration (KFDA) as its employees are hard working at more poor working conditions, said Rep. Mo...
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New drug pricing should not be negotiable in FTA agendaThe Korean government's new drug pricing system is not a negotiation item in the ongoing free trade agreement (FTA) talks with the United States, a lawmaker said on August 10.
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